Why it's Important to Pre-Qualify

	Looking for a mortgage loan? We'll be glad to answer your questions about our mortgage offerings! Give us a call at 9094671090. Ready to begin? Apply Now.

It can be valuable to visit with a mortgage loan pro first, even before you've determined what type of home you hope to find. What for? Perhaps it's hard to fathom the ways in which we could help even before you start to calculate your offer.

Pre-Qualify

We will help determine how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. This process leads you through your finances - your debts, income, employment, and cash available for down payment, among other things. It's short and basic; We keep the paperwork to a minimum.

When you are determined to be eligible, we prove our confidence in your capacity to qualify for a mortgage loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

A number of beneifits open to you once you find your dream house, and have pre-qualification power. First, it lets you know the amount that you are able to offer. Having pre-qualification also will make your offer look even better to the seller, as if you were bringing them a bag full of cash! They need not be concerned that they are wasting their time if you won't be able to have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to be concerned about. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you with your pre-qualification

When we pre-qualify you, we help you decide how much of a monthly payment you can afford, and the size of loan you will qualify for. We accomplish this by considering your debts and income, your work and residence situations, the funds available for down payment, required reserves, and some other things. It's a short, thorough process with minimal risks for papercuts.

Face to Face

It's important to sit down and meet with us, even though you are welcome to also use the helpful mortgage calculator tools on our site. For one thing, you will need a Pre-Qualification Letter! For another thing, we might locate a different mortgage option that better fits your needs. We're eager to meet with you: call us at 9094671090.

Have questions about pre-qualifying? Call us at 9094671090. Greystone Loans, Inc. answers pre-qualifying questions every day.